Blockchain Revolution: How the Technology Behind Bitcoin Is Changing Money, Business, and the World Following his TED talk , the co-author of says that what Blockchain needs now for its potential to be maximized isn’t publicity but clarity. Don Tapscott , who along with his son, Alex, wrote about the Blockchain and how it might change the world, thinks the confusion surrounding the technology needs explanation. He tells CoinTelegraph: “It reminds me of 25 years ago when similar confusion existed about the Web. There was no language to talk about things, let alone clear taxonomies, frameworks, strong use cases and tools to go forward. I played a role then de-obfuscating the first year of the Internet and lots of good concepts came out of our work — The Digital Economy, The Digital Divide, The Net Generation, The Business Web, The Extended Enterprise, and many more. It is my intention to be helpful this time around as well.” Blockchain mythbusters Alex Tapscott added that clarity is necessary because there are too many myths about the technology that need to be busted. He states: “For example – people assume this will only impact financial services, or that governments are hostile towards it, or that cryptocurrencies like Bitcoin are only used by criminals. It turns out that not only are those notions completely false, often the inverse is true. Getting hung up on these misconceptions prevents people from seeing the awesome power of this technology.” The authors say they believe Blockchain represents nothing short of the second generation of the internet of value that gives the world another kick to transform the economic power grid and the old order of human affairs for the better. This is particularly important because the world is moving from an internet of information to an internet […]
